The Asian Age

Govt not planning to raise pulses import Positive outlook prevails on hiring

- RITWIK MUKHERJEE

New Delhi, June 10: The Indian government is not mulling increasing the import cap on pulses as of now, a senior official said.

Refuting some news reports, the official told TickerNews Service, "At present, there is no such considerat­ion (about increasing the import limit on pulses). We have ample stocks."

Some news reports in Mayend suggested that the government was considerin­g increasing the quota for import of pulses, citing the increase in price of tur due to a shortage in the domestic market.

In April, the government had allowed private traders to import up to 650,000 tonnes of pulses in the financial year ending March 2020.

At present, the At present, the govt has a total stock of about 34 lakh tonnes pulses, of which 20 lakh tonnes is with Nafed government has a stock of about 34 lakh tonnes pulses, of which 20 lakh tonnes is with the National Agricultur­al Cooperativ­e Marketing Federation of India (Nafed). Nafed is disbursing pulses from the stock of 20 lakh tonnes to states as per their requiremen­ts at subsidised rates, to meet their respective demands for various welfare schemes, the official said. Besides Nafed, the Centre has a stock of 14 lakh tonnes created under the Price Stabilizat­ion Fund (PSF), thereby taking the total inventory to 34 lakh tonnes with the government. PSF was set up in 2014-15 under the farm ministry to regulate price volatility in critical agricultur­al commoditie­s.

— TickerNews Service Unlike its first term, the Modi 2.0 government may bring in some cheers in hiring scenario — at least in permanent and flexi staffing, albeit with a rider. The rider is that organizati­ons will focus more on replacemen­t hiring, which will be higher than new recruitmen­ts, that provides opportunit­ies for the freshers.

At least that's what the 26year old Genius Consultant­s Ltd, one of the leading staffing companies of India with 15 branches across 14 cities including Kolkata, Delhi, Mumbai, Chennai, Bangalore and Hyderabad, among others, indicated. The 8th 'Hiring, Attrition & Compensati­on Trend (201920)' survey by Genius Consultant­s, indicated that 58 per cent of employers have a positive outlook on hiring. While only 10 per cent of employers said layoffs are on the cards, only a few have a negative outlook or a 'No Hiring' outlook for 2019-20. Interestin­gly, according to the survey, the Northern zone will provide more opportunit­ies for job seekers followed by the others.

"According to our unique annual survey, the overall industry sentiments showcase a positive outlook of the market. The hiring scenario looks encouragin­g with negligible staff reduction and no hiring policy of the companies. Nonetheles­s, it is very important for the employers to think of newer employee benefit policies, and training sessions to update the existing workforce with the market trends," said R P Yadav, CMD, Genius Consultant­s.

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